Keltbray buys nmcn’s infrastructure portfolio

Leading specialist engineering and construction company, Keltbray Holdings Limited, has announced it has agreed a deal with administrators, Grant Thornton UK LLP, to acquire a portfolio of Infrastructure contracts and associated assets from nmcn PLC, which went into administration last week.  This fully aligns with the company’s core purpose to redefine the way sustainable development […]

Hundreds of jobs already saved as parts of NMCN are sold

The transport, telecoms, plant and accommodation divisions of NMCN have been sold saving 1,500 jobs. This was confirmed today by Grant Thorton UK LLP who have been appointed as joint administrators of NMCN PLC (the Company) and NMCN Sustainable Solutions Limited (SSL) (together “the Group”), construction and engineering firms based in Nottinghamshire and with operations […]

Contractor nmcn goes into administration

Contractor nmcn is heading into administration following a board decision that it cannot continue trading as a going concern. nmcn plc had entered into conditional agreements to recapitalise the business by way of a £24m fundraising with Svella and other investors, together with a renegotiation of its facilities with Lloyds Bank. A further £5m was […]